How to do a Cash Flow Statement ?

There are 2 important aspects of a Cash Flow Projection:

1.An estimation of the total income that the business will receive in 1 month;

2.An estimation of all the expenses incurred by the business in 1 month.

For assistance with Cash Flow projections call Sydney 868 373-1166

Income

In order to determine the income that your business generates, you should be keeping a great record of all the money that you receive. It can be as simple as having a receipt book or using an excel sheet to list the amount of money earned. It can be more sophisticated by using accounting software or an application on your phone. As a business owner you must keep track of all the cash earned in order to determine how to make improvements to ensure that the business is sustainable.

For assistance with Cash Flow projections call Sydney 868 373-1166

Expenses

You should also have a well maintained record of the money that you are spending to further the business. You may keep a folder to store all receipts and log the respective sums in it. You may find that some expenses are fixed and are incurred monthly. Some examples of expenses are travelling expenses, raw materials.

For assistance with Cash Flow projections call Sydney 868 373-1166

You will basically subtract your expenses from your income to show whether the business is making a profit or a loss.

Ebooks available for only $100TTD !

Payment through Paywise and Paypal!

Ebooks on Sale:

How to Register a Sole Trader;

How to De-Register a Sole Trader;

How to Register a Partnership;

How to Change from a Sole Trader to a Limited Liability Company Trinidad;

How to Dissolve a Limited Liability Company;

The author is an attorney at law based in Trinidad and Tobago. Please see: http://asydneygroup.com 

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WHAT IS A LLC?: AML Compliance Consultants

■A Limited Liability Company Is A Legal Entity That Is Separate From The Directors.

■The General Rule Is That The Directors Cannot Incur Personal Liability.

The Author is an Online Lawyer based in Trinidad and Tobago. She specialises in Anti-Money Laundering Compliance.

Services offered:

AML Audit;

AML Training:

AML Compliance Program;

Consulting

Request a quotation 868 373-1166

Website: http://asydneygroup.com

Ebooks available for only $100TTD !

Payment through Paywise and Paypal!

Ebooks on Sale:

How to Register a Sole Trader;

How to De-Register a Sole Trader;

How to Register a Partnership;

How to Change from a Sole Trader to a Limited Liability Company Trinidad;

How to Dissolve a Limited Liability Company.

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See a Need,Fill a Need: How to Generate Business Ideas

Your million dollar business idea is one problem away. If you are looking for an idea to start a business, look around at problems that you face. Is there a way to improve it or make your life easier?

Make a note of things that you can create based on current needs . Look at the billionaires of our time . They have created immense value by improving communication through technology. The identified a need and invented solutions that are constantly updated and improved .

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The author is the first Online Lawyer  based in Trinidad and Tobago. She specializes in Corporate Law and Financial Crimes.

She is a Certified Professional in the following areas:

Taxation;

Corporate Training;

Anti-Money Laundering and Financial Crimes;

Fraud Risk Management;

Graphic Design.

#businessregistration #antoinettesydney #sydneygroup #asydneygroup #trinidad #company #companies #lawyer #caribbean #aml #fiu #cft #frm #fraudrisk #graphicdesign #tax #taxation #taxes #nis #vat #bir #fiu #compliance #complianceofficer #realestate #casinos #cardealer

What ARE the Benefits Of Incorporating A Company ??!!

See my New Youtube Video!!

1.A Company Bank Account Can Be Opened In Respect Of The Company;

2.The Company Can Enter Into Contracts;

3.Distinct Liability From The Directors.

4.Lasts Forever Whereas A Sole Trader Business Dies With The Individual

Ebooks available for only $100TTD !

Payment through Paywise and Paypal!

Ebooks on Sale:

How to Register a Sole Trader;

How to De-Register a Sole Trader;

How to Register a Partnership;

How to Change from a Sole Trader to a Limited Liability Company Trinidad;

How to Dissolve a Limited Liability Company.

The author is an Online Lawyer based in Trinidad and Tobago. She specialises in Corporate Law and Financial Crimes.

She is a Certified Professional in the following areas:

Taxation;

Corporate Training;

Anti Money Laundering and Financial Crimes;

Fraud Risk Management;

Graphic Design.

#businessregistration #antoinettesydney #sydneygroup #asydneygroup #trinidad #company #companies #lawyer #caribbean #aml #fiu #cft #frm #fraudrisk #graphicdesign #tax #taxation #taxes #nis #vat #bir #fiu #compliance #complianceofficer #realestate #casinos #cardealer

No Weapon formed Against you will Prosper

She welcomed three bundles of joy last Friday night. She groomed the first kitten and look at him in astonishment. She was a mommy,she gave birth to her kittens under my staircase. The same spot that I placed her,to die comfortably ,six months ago. She suffered an injury to her mouth after she attempted to run across the street and a car ran into her. At the time,she experienced great pain and could not eat her food to regain strength. I put her favorite blanket and chew toy and smiled as I expected her departure.

Six months later,in this same spot,she gave birth to 3 lovely kittens. I reflected on life. Sometimes people think that they have set you up for failure . They devise plans and schemes to orchestrate your demise . The universe will serve you justice and you will prosper where your enemies intended for you to perish.

Great things are on their way to you,because no weapon formed against you will be able to prosper. Every wicked plan for your life will return void unto the sender.

The Author is an attorney at law in Trinidad. She specializes in Financial Crimes .

See her website :http://asydneygroup.com

Whatsapp 868 373-1166

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What is a Sole Trader ??

A Sole Trader Is A Business Where The Individual Operates The Business.

It Is Basically The Person Trading As A Business Name.

There Is No Legal Separation Between The Person And The Entity .

See what our Customers are saying about us !!! We can Register your business for you!!!

See our Facebook page for all reviews!!

https://www.facebook.com/sydneygrouptt/

Check out my Youtube Channel!!!

Ebooks available for only $100TTD !

Payment through Paywise and Paypal!

Ebooks on Sale:

How to Register a Sole Trader;

How to De-Register a Sole Trader;

How to Register a Partnership;

How to Change from a Sole Trader to a Limited Liability Company Trinidad;

How to Dissolve a Limited Liability Company.

The Author is an Attorney at Law based in Trinidad and Tobago. She specializes in Business Law and Anti Money Laundering.

Website: http://asydneygroup.com

#aml #antoinettesydney #sydneygroup #asydneygroup

Reminder: Annual Returns are due

Do not forget to remember to file your annual returns!! I understand that running your company is a huge responsibility. You have deadlines, pressing matters, impatient clients. Your annual returns are due on the anniversary of incorporating the company. You will see the date of incorporation on the Certificate of Incorporation.

There is a time period of 30 days after the anniversary date also called a “grace period”. After this 30 day period elapses, a penalty of $300.00 per month will be incurred. This debt must be satisfied in full before any further Annual Returns can be filed.

The Ministry of Legal Affairs offers a service in Trinidad and Tobago, whereby a director and or corporate secretary will receive an email or SMS text message indicating that the Annual Returns are now due.

Kindly peruse the website of the Ministry of Legal Affairs in Trinidad and Tobago and look for the section with “SMS and Email Sign Up“.

If you run into any difficulties, do not hesitate to contact me:

868 373-1166

http://asydneygroup.com/

The Author is an attorney at law based in Trinidad and Tobago. She is specializes in Financial Crimes. She is a Certified Anti Money Laundering expert and Certified Fraud Risk Manager.

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Step by step Tutorial to Register a Sole Trader Business in Trinidad

There are  two steps in registering a business as a sole trader in Trinidad and Tobago namely:

  1. Application for Name Approval/Name Reservation , this costs $20.00 TTD and;
  2. Preparing and filing the Application for Registration by an Individual, this costs $220 TTD.

Call Sydney for further assistance 868 868 373-1166, website http://asydneygroup.com

1.The Name Approval / Name Reservation includes the applicant’s name, address, contact information, the proposed name of the business and the nature of the business.

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The applicant signs the bottom of the form, however an incorporator, accountant or attorney at law can sign for and on behalf of the applicant only with respect to the Application for Name Approval.

The relevant fees are paid to the cashier and the receipt is stamped with the date of return for the applicant. This is usually five to seven working days. If the Registrar has an issue with the proposed name, a query will be placed on the application. When the applicant returns to collect the name search results, the query must be satisfied in writing. In the event that there are no queries, the applicant will collect the name approval and proceed the next step.

2.Preparing and filing the Application for Registration by an Individual.

At this juncture, the application for Registration by an Individual must be completed and submitted together with the name approval that was previously collected.  Details such as the business name, principal place of business, nature of the business, full name of the applicant must be included in this form. Only the applicant can sign this form and a copy of photo identification must also be submitted with the application to verify the signature of the applicant. The relevant fees are paid and the cashier issues a receipt with the stamped date for the applicant to return, usually five to seven working days. Once this application is approved, the certificate will be produced and ready for collection by the applicant.

Updated 11th February 2019

A.Sydney is an attorney at law by profession in Trinidad and Tobago. She specializes in AML/CFT/FIU  Compliance, Taxation and provides Corporate Secretarial Services.

Ebooks available for only $100TTD !

Payment through Paywise and Paypal!

Ebooks on Sale:

How to Register a Sole Trader;

How to De-Register a Sole Trader;

How to Register a Partnership;

How to Change from a Sole Trader to a Limited Liability Company Trinidad;

How to Dissolve a Limited Liability Company.

Kindly explore the website for her portfolio of companies: http://asydneygroup.com .

Call or whats app 868 373-1166 http://asydneygroup.com

Add her social media accounts:

Facebook: https://www.facebook.com/sydneygrouptt/

Instagram: https://www.instagram.com/asydneygrouptt/?hl=en

Linked In: https://www.linkedin.com/in/sydney-group-238922141

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Update : 11th Feb 2019

Business Idea No. 1: Coconut Water Business

Do you like coconut water? In the Caribbean islands, coconut water is a refreshing , healthy drink that can be purchased from vendors. These vendors usually sell from trucks,parked near public recreational spots. Apart from this, coconut water can be purchased in a store in a bottle. Some vendors have franchises and sell at different locations, they even operate on a shift system. The coconuts are purchased wholesale or are picked from coconut fields owned by the vendors.

I heard a rumor that some person raid fields that do not belong to them and then sell the coconuts wholesale. There is a jelly inside of the coconuts, that many people enjoy. Coconut water has great health benefits and so , many persons consume it for this reason.

This is a great idea if you have a connection to purchase the coconuts.

Contact me if you need any assistance in registering this business.

GET MY EBOOK FOR $100TTD call or whats app 868 373-1166

Call or whats app to order my Ebook 868 373-1166 only $100TTD

Yours faithfully,

A.Sydney

Ebooks available for only $100TTD !

Payment through Paywise and Paypal!

Ebooks on Sale:

How to Register a Sole Trader;

How to De-Register a Sole Trader;

How to Register a Partnership;

How to Change from a Sole Trader to a Limited Liability Company Trinidad;

How to Dissolve a Limited Liability Company.

868 373-1166

http://asydneygroup.com/

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Updated 11th Feb 2019

Registration Form for Business Name : Sole Trader in Trinidad

There are  two steps in registering a business as a sole trader in Trinidad and Tobago namely:

  1. Application for Name Approval/Name Reservation and;
  2. Preparing and filing the Application for Registration by an Individual.

Call Sydney for further assistance 868 373-1166, website http://asydneygroup.com

1.The Name Approval / Name Reservation includes the applicant’s name, address, contact information, the proposed name of the business and the nature of the business.

The applicant signs the bottom of the form, however an incorporator, accountant or attorney at law can sign for and on behalf of the applicant only with respect to the Application for Name Approval.

The relevant fees are paid to the cashier and the receipt is stamped with the date of return for the applicant. This is usually five to seven working days. If the Registrar has an issue with the proposed name, a query will be placed on the application. When the applicant returns to collect the name search results, the query must be satisfied in writing. In the event that there are no queries, the applicant will collect the name approval and proceed the next step.

2.Preparing and filing the Application for Registration by an Individual.

At this juncture, the application for Registration by an Individual must be completed and submitted together with the name approval that was previously collected.  Details such as the business name, principal place of business, nature of the business, full name of the applicant must be included in this form. Only the applicant can sign this form and a copy of photo identification must also be submitted with the application to verify the signature of the applicant. The relevant fees are paid and the cashier issues a receipt with the stamped date for the applicant to return, usually five to seven working days. Once this application is approved, the certificate will be produced and ready for collection by the applicant.

GET MY EBOOK ONLY $100ttd CALL/WHATS APP 868 373-1166

Get my ebook now on;y $100TTD Call or whatspp 868 373-1166 to Order!!!

A.Sydney is an attorney at law by profession in Trinidad and Tobago. She specializes in AML/CFT/FIU  Compliance, Taxation and provides Corporate Secretarial Services.

Kindly explore the website for her portfolio of companies: http://asydneygroup.com .

Call or whats app 868 373-1166

Add her social media accounts:

Facebook: https://www.facebook.com/sydneygrouptt/

Instagram: https://www.instagram.com/asydneygrouptt/?hl=en

Linked In: https://www.linkedin.com/in/sydney-group-238922141

Updated 11th Feb 2019

#soletrader #registration #business #trinidad #tobago #sydney #asydneygroup #millions #entrepreneur #mla #ministryoflegalaffairs #business #owner #solo #accountant #attorney #fiu #compliance #training #expert #amlspecilaist #cftspecilaist #antimoneylaundering #trainer #certified #specilaist #lawyer #millionaire #corporatesecretary #progresschronicles